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't know it. look at the leadership that we have leading us. i mean, it's like lemmings. come on. >> all right. that's what's being said right now. joining us from capitol hill is nbc news correspondent mike viqueira. we have some elements from what we understand to be a deal at the moment. what would you say the mood is right now? what are some of the other details? break it down for us. >> richard, it's funny. at this point we're stuck sort of reading tea leaves. yes, we've had indications with more detail than we've got in days on what the outlines of that deal might be. but i got to tell you any deal if it were to pass both houses of congress here in the last 12 hours before midnight would carry with it the seeds of further confrontation and not that much further down the road. maybe two, perhaps three months. let's take a look one more time at what is being discussed now. mitch mcconnell and joe biden talked into the wee hours until 12:30 last night and 6:30 this morning. $450,000 as the threshold for couples, $400,000 for individuals over which your taxes would go up about four per
have been -- has been to use the middle class tax cuts as leverage to try and extract these super big tax breaks for very wealthy individuals, including now their focus on trying to get 7,200 estates, an average tax break of 1.2 million. this is the top fraction of 1% of the super wealthiest estates, inheritance taxes in the country. they apparently want to put more silver spoons in more people's mouths and provide this big break. again, the sorry part of the story is they're using the middle class to extract these concessions for very wealthy individuals. >> at this late hour, are we going to be dealing with that level of negotiation? is it more the big picture stuff? for example, what would the number be in terms of whose rate would stay the same, whose would go up, $250,000, $400,000, $500,000. are we looking at bigger generalities if we're going to get this done in the next 30 hours? >> that's certainly part of it, where the threshold would be. but this estate tax represents about $140 billion. that's not a trivial amount. republicans proposed increasing the burden on medicare ben
he met with jack and the rest of the team and i hope you get the same sense and commitment from us as we engage with you. there aren't a lot of wall flowers in here, we're eager for a two-way exchange nonetheless and hopefully your takeaway will be a useful purpose in the dialogue so i'm shortening up my speech significantly so mr. president, thank you again for joining us today, we'd love to hear from you. [ applause ] >> well, good morning, everybody. it is great to see awful you. many of you have had a chance to see individually or in small groups over the last several months but it's good to be back at the business roundtable. jim, thanks for your leadership. originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say, but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and spend most of our time just having a conversation. let me begin by saying that all of you in this room are not just business leaders, not just ceos of your
this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet the press" today. >> it is very important for republicans in congress to be willing to say, we understand we're not going to get 100%, we're willing to compromise in a serious way. >> joined by congressman barney frank of massachusetts. it is good to see you, congressman. good evening. >> thank you. >> you're coming -- the senate's coming back at 11:00 tomorrow morning. what are chances there will be something to vote on, do you think? >> i think there are very good chances there will be something to vote on. the question is whether it will be a bipartisan agreement or simply the senate democrats putting a vote and hoping republicans will vote for it. trying to get an agreement is difficult because that gives right wing of the republican party this big veto. a number of republican senators, not just those generally considered to be moderate, have said that they agree that it is important now to keep taxes f
. to the some mention i don't like guns in our schools. it's a nice political sound bite and they can use an old statement from bill clinton to say this, but i'm not sure it's a practical idea, frankly. >> first of all, when it comes to education, decisions really do need to be handled on a local level. that's how education decisions should be made. but at the same time i do support the idea of consideration putting an armed patrol officer. my sister in atlanta works at a receiving desk, and she's not prepared or trained for dealing with someone coming into the school. i would hate to think of my sister or another teacher have been to stop someone from breaking into their school. so it is something to consider, what we learned from friday and the ensuing conversations, we need to put all options on the table. >> but lapierre is saying don't even skier the clips and some are saying clips should be considered here? >> that certainly will be debated the gun control advocates have been talking about this since the tragedy happened and it's something we will be discussing s. but as we have said we ne
packages. gun control probably will be on the table and the gun lobby will get used to it. i was surprised that the nra didn't give up some small concession. it seemed they might so they could be a player in the debate. of course, they doubled down as you said. i think we will see a lot more discussion next year. it is not going to fade because the president has made it a priority going into january. >> it is interesting because republicans and conservatives have been taking a step away from their stance on guns. back in 1995 three weeks after the oklahoma city bombing former president george h bush resigned as agents were called jackbooted thugs. do you think that other lawmakers will take bold steps away from the nra or stay put? >> in a word, no. as a matter of fact i think those who have made steps away from the nra will probably make bold steps back to the nra because they know it is the politicly expedient thing to do. we have a continuation of the massacres that occur periodically in this country and nobody seems to be willing to do anything. even if they come up with another assaul
next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems to be at a standstill right now. let's review the bidding. here it is from a republican source here on the republican side of capitol hill. all day yesterday they were trading proposals back and forth. by his count two democratic offers came back to republicans and four came back from republicans to democrats. the last one being at 7:00 last night, and, boom, after that, things pretty much came to a standsti standstill. no offers. republicans say they have not heard from democrats since then. mitch mcconnell, of course, the republican leader here in the senate, has said he has reached out to joe biden, the vice president, an
Search Results 0 to 6 of about 7

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